7001 Market Street & 7011 Ruth Avenue

Vacant Land for Sale
Also listed as Special Purpose
Catylist Listing ID: 30420414
Property Subtypes: Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 10.90 Acres
Sale Price: $3,251,750
Unit Price: $298,325 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/12/2022

Overview / Comments

+/- 10.9* acres for sale off Market Street, adjacent to the future Military Cutoff Road extension. Currently zoned R-15 and B-2. Water and sewer is accessible from the property (See page 4 for the water and sewer lines map). Please inquire for more information.

Deed Restriction: The Buyer of this property will also be acquiring the private road known as Ruth Avenue.  The Buyer must take financial
responsibility for the continued maintenance and repair of this road.  All current and future residents who live on Ruth Avenue will have free and unlimited access to Ruth Avenue in perpetuity. This will be stated as a Deed Restriction in the closing documents.

*Final acreage subject to survey, this is an approximation*

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R04400-002-008-000
Zoning: B-2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,169 49,458 97,226
Median Age: 30.09 36.26 36.27
Households: 1,446 19,694 40,663


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